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Technology Stocks : CYRIX / NSM -- Ignore unavailable to you. Want to Upgrade?

To: Pravin Kamdar who wrote (30692)12/20/1998 9:52:00 PM
From: Yousef  Respond to of 33344
 
Pravin,

Re: "Owning NSM has devastated my invetment equity, but I'll be damned if
I'm going to sell ... I'm not selling."

That's using the "old noggin", Pravin ... I do have to agree with you that
NSM/Cryix will be "punished" by Intel's CeleronA "speed bumps". I guess
that NSM's .25um/.18um processes are harder to "bring up" than expected ... by
some at least. <ggg>

Make It So,
Yousef



To: Pravin Kamdar who wrote (30692)12/20/1998 9:55:00 PM
From: Craig Freeman  Read Replies (1) | Respond to of 33344
 
Pravin, if you can use a tax deduction, buy some Feb NSM 15 calls and sell an equivalent number of NSM shares. You can deduct the loss plus up to $3,000 against ordinary income. You can always reverse the transaction in 31 days. Nothing much will change except your broker will be happy and you will get a tax refund.

Caveat: Be sure to check with your tax professional before acting on this or any other advice.

Craig


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